For some types of payments, our accountant team and bank require W-8/W-9 forms from our clients.
What is a W-8BEN?
This is the standard form from the US government to establish a claim of tax treaty benefits under the Internal Revenue Code.
⚡ This information is confidential, we do NOT share it with any third-party company or organization.
Although filling out Form W-8BEN may be a tedious task, it is necessary to proceed with payment to you.
How Do I Fill Out Form W-8BEN?
Part I – Identification of Beneficial Owner:
Line 4: Enter your mailing address, if different
If your mailing address isn’t the same as your permanent resident address, enter it here.
Line 5: Enter your U.S. taxpayer identification number.
This should be either a Social Security Number (SSN) or an individual taxpayer identification number (ITIN) if it is required. If you don’t have either, you can skip to line 6.
Line 7: If your country of residence for tax purposes has issued you a tax identifying number, enter it here. For example, if you are a resident of Canada, enter your Social Insurance Number.
Part II – Claim of Tax Treaty Benefits:
Line 10: Foreign individuals who are students and researchers should enter specific withholding rates.
The rate of withholding may be a special rate negotiated for the treaty country. Other persons may need to complete this line if they claim benefits that require them to meet conditions not addressed on W-8BEN. Fill in the requested details.
If you still have questions, please find the official instructions here.